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Item H07 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: June 21. 2006 Division: Growth Management Bulk Item: Yes X- No Department: Plannning and Environmental Res. Staff Contact Person: Jerry Sanders. Esq. Ty Symroski AGENDA ITEM WORDING: Discussion, guidance to Statf and conceptual approval of proposed agreement to redevelop Seahorse Trailer Park in Big Pine and R01vell 's Marina in Key Largo. (Staff recommends that the item be continued) ITEM BACKGROUND: Boca Developers, LLC is the owner of Rowell's Marina in Key Largo and recently purchased the Seahorse Trailer Park on Big Pine Key. In a proposed "380 Agreement" they propose to redevelop Seahorse Trailer Park as 100 multi-family affordable housing and donate them to the County in exchange for the transfer of 130 market rate development rights to the Rowell's 1\4arina property, plus a bonus of 5 market rate ROGO allocations. PREVIOUS RELEVANT DOCC ACTION: On April 19, 2006, the BOCC heard this item; no ofticial action was taken and it was scheduled to be heard at the May 16, 2006 and June 21, 2006 Board meetings. At the May 16, 2006 BOCC meeting in Key Largo the Planning Department Staff recommended that this item be continued to the June 21, 2006 meeting in marathon. CONTRACT/AGREEMENT CHANGES: NfA ST AFF RECOMMENDA TIONS: Grant authority for the County Administrator, Gro\\'th Management Staff and the County Attorney to negotiate with Boca Developers, LLe' and present a proposed Agreement to the Development Review Committee and the Planning Commission for recommendation to the Board of County Commissioners. TOT AL COST: TBD BUDGETED: Yes No X_ COST TO COUNTY: TBD SOURCE OF FUNDS: TBD REVENUE PRODUCING: Yes No_X AMOUNT PER MONTH_ Year APPROVED BY: County Atty ~ OMB/Purchasing _ Risk Management ~ DIVISION DIRECTOR APPROVAL: -; V jTy~mroski DOCUMENTATION: Included Not Required~X~ DISPOSITION: AGENDA ITEM #